SEC Form 4 · accession 0001615594-16-000169
ELECTRO SENSORS INC · ELSE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Klenk
Officer — President, CEO and CFO · Director
Period of report
Feb 9, 2016
Accepted (ET)
Feb 10, 2016 · 3:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000351789
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right-to-Buy)F1 | $3.41 | Feb 9, 2016 | A | 50,000 | A | Feb 9, 2016 | Feb 8, 2026 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Option vests as to 20% on date of grant, and 20% on each of the next four anniversaries of grant date.